Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.

When someone buys a property using SubTo, does that make then legally responsible for the loan?

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.

Not one single strategy will work for every property. 

We bought a property that we feel is assessed by the our local government too high.

Property management is a "nickle" and "dime" business.  

I did like some features of Avail as far as using it for developing the lease and collecting rent but that left me with too many other functions I had to handle elsewhere.

Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.

The reason I post this here is because I got totally different answers from two CPAsHere is the story:I bought the house as investment property and run it as STR for the last two years.

As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.